GBZ 0.00% 0.8¢ gbm resources limited

Ann: GBM sells remaining 50% interest in Malmsbury Gold Project, page-5

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  1. 1,189 Posts.
    lightbulb Created with Sketch. 361
    Yeah, and how many million dollars did we shareholders put into Malmsbury over the years, including its purchase? Seems to me we're simply cannibalising ourselves to survive.

    From 20 cents to 3.5 cents in two years.

    https://hotcopper.com.au/data/attachments/5113/5113755-2db15dc76b802295cf6fc8a50f9c9b90.jpg

    Yandan worthless due to the low grades IMHO, yet the purchase was cheered by many of the spruikers here. Reality has hit shareholders hard, and the emperor has been shown to have no clothes.
 
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